fbpx
 

Beck Blog

Coverage in action: cyber liability insurance

As technology becomes increasingly important for successful business operations, the value of a strong cyber liability insurance policy continues to grow. The continued rise in the amount of information stored and transferred electronically has resulted in a remarkable increase in the potential exposures facing businesses.

Insurance

U.S. Commercial Premiums Continue to Cool, but Cyber Rates Soar

Premiums for commercial property and casualty (P&C) insurance lines once again increased in the second quarter (Q2) of 2021, led by a 25.5% jump in cyber. Q2 marked the 15th consecutive quarter of U.S. commercial P&C premium increases—8.3% across all-sized accounts, according to The Council

How to file a property insurance claim

If you’ve had a fire, water damage or another unfortunate event at your property, your actions can make all the difference. Here’s how to maneuver through the claims process with ease: Protect property from further damage: Cover the property if it is exposed to the

Commercial Property Insurance Ratings

Understanding the outside factors that impact your commercial property insurance can be complicated, particularly for those with little to no knowledge of what goes into the underwriting process. While the type of business you’re in, your location and the state of the insurance industry in

Beck Partners Celebrates Patty Hagan’s 17 Years of Service

Patty Hagan has been active with our Orange Park office as Account Manager for 17 years. Today, we take the time to celebrate her and the spectacular service she has provided over the years. In 1980, Patty worked for Florida Windstorm Underwriting Association (today known

2021 Cyber Liability Insurance

Market Outlook Across industry lines, cyberattacks have surged in frequency and sophistication, resulting in a rise in cyber losses. In these market conditions, we predict that most policyholders will experience higher cyber liability insurance rates in 2021. Insureds may also encounter coverage restrictions or exclusions